4729 W 50 S, Portland, IN, 47371 | $262/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Portland at 4729 W 50 S, Portland, IN, 47371 uses $92,820 cash to close to unlock $3,140/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $1,942/mo, and a $1,370/mo payment keeps the spread at $262/mo. Purchase price stands at $280,000, and rental yield measures 8.32% with $1,942/mo rent. Return on cash invested shows 23.29% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 120.73% and total cumulative return in cash records $112,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,942/mo property income covering a $1,370/mo payment rather than investor’s personal income.

Single Family

Built in 2000

2 Acres lot

$N/A/sqft

No HOA

More details about the property

Country living at its finest! Beautiful 3-bedroom 2 full bath, including a large master suite! Has a brand-new metal roof. The living room flows well with the open concept kitchen combo. There is a nice deck and a covered front porch! Looking for a large 2 1/2 attached garage? Don't miss this 26x29 beauty! There is also a good barn waiting on a homesteader or 4H family!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47371, Portland, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,287 (100%)
Owner Occupied HU	3,461 (65.5%)
Renter Occupied HU	1,302 (24.6%)
Vacant Housing Units	524 ( 9.9%)
Median Home Value	$140,267
Average Home Value	$207,376